Transcription of Supplement to Authentication in an Internet …
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Supplement to Authentication in an Internet …
BBooaarrdd ooff GGoovveerrnnoorrss ooff tthhee FFeeddeerraall RReesseerrvvee SSyysstteemm,, FFeeddeerraall DDeeppoossiitt IInnssuurraannccee CCoorrppoorraattiioonn,, NNaattiioonnaall CCrreeddiitt UUnniioonn AAddmmiinniissttrraattiioonn,, OOffffiiccee ooff tthhee CCoommppttrroolllleerr ooff tthhee CCuurrrreennccyy,, OOffffiiccee ooff TThhrriifftt SSuuppeerrvviissiioonn,, SSttaattee LLiiaaiissoonn CCoommmmiitttteeee Federal Financial Institutions Examination Council 3501 Fairfax Drive Room B7081a Arlington, VA 22226-3550 (703) 516-5588 FAX (703) 562-6446 Supplement to Authentication in an Internet Banking Environment Purpose On October 12, 2005, the FFIEC agencies1 (Agencies) issued guidance entitled Authentication in an Internet Banking Environment (2005 Guidance or Guidance).2 The 2005 Guidance provided a risk management framework for financial institutions offering Internet -based products and services to their customers.
55 enhanced controls over account activities; such as transaction value thresholds, payment recipients, number of transactions allowed per day,
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